Hotmail was one of the first major web-based email services. Hotmail was one of the first major web-based email services, launching in 1996. It was developed by Sabeer Bhatia and Jack Smith, and was initially funded by venture capital firm Draper Fisher Jurvetson. Hotmail was acquired by Microsoft in 1997 and rebranded as MSN Hotmail, later becoming simply Windows Live Hotmail.
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